Convertible Notes Payable (Tables)

6 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Schedule of convertible notes payable

At June 30, 2016 and December 31, 2015, convertible notes payable consisted of three separate notes:

	2016			2015
Convertible note bearing interest at 5% per annum.  The original maturity date of June 13, 2015 was extended to April 1, 2016 during the period ended December 31, 2015 and was further extended to July 1, 2016. The note may be converted into shares of the Company's common stock at a fixed conversion price of $0.40 per share.  This note was paid in full on July 1, 2016.	$	105,000		$	150,000
Secured Convertible promissory note, bearing interest at 14% per annum in the principal amount of $275,000 (the “Note”), payable in six installments (“Amortization Payments”) as set forth in an Amortization Schedule beginning the 30th day after issuance and each 30-days thereafter. The Note is convertible at a price per share equal to the lesser of (i) the Fixed Conversion Price (currently $0.15) or (ii) 65% of the lowest trading price of the Company’s common stock during the 5 trading days prior to conversion.  The note was issued with an original issue discount, which is amortized over the life of the loan.  The Note is secured by all of the Company’s assets pursuant to the terms and conditions of an Amended and Restated Pledge and Security Agreement.(1)		-			272,708
Convertible note bearing interest at 0% per annum.  The note was converted into Company's preferred equity financing on April 4, 2016.		-			50,000
Totals		105,000			472,708
Less: discount on convertible debt		-			16,750
Current convertible notes payable – net of debt discounts		105,000	(2)		455,958

Schedule of maturities on notes payable

Maturities on notes payable and convertible notes payable as of June 30, 2016, are as follows:

Year ending December 31:

2016	$	109,313
2017		5,737
2018		206,213
2019		3,080
2020		-
Thereafter		-
	$	324,343